Insight

Corporate Overhaul at Citigroup

< BACK TO INSIGHTS

Insight

Corporate Overhaul at Citigroup

Pierre Buhler was featured in this CNBC article about the corporate overhaul underway at Citigroup in the wake of the new CEO Jane Fraser’s plan for sweeping layoffs in an attempt to cut costs.

Pierre how layoffs might not appease investor’s high expectations, “Even if Fraser announces a large reduction in workers, investors will probably need to see expenses drift lower before being convinced.”

Read the full article here.

Authors

Related Services

Recommended Insights

Insight

Banc of California, PacWest Tie-Up Likely to Receive Warm Regulatory Welcome

Pierre Buhler spoke with SP Global Market Intelligence about potential integration issues associated with the proposed PacWest and Banc of California merger in this article.

Learn More

Insight

Banking’s Cost Crunch: Tackling Layoffs and Regulatory Challenges

Beyond personnel overages, banks are pressed to get their costs well under control for the foreseeable future. The second article in our two-part series looking at the top risks facing banks focuses on the ever more demanding regulatory and compliance requirements, increased need for human and financial resources, and commercial and personal defaults/default risks to avoid.

Learn More

Insight

Banks Will Double Down on Cost Controls as Risks Mount

Banks have entered a period of increased uncertainty over the last few months. Notation agencies like Fitch have already started to review ratings, and countless banks are either downgraded or being considered for a downgrade. No one is spared, neither small banks nor large banks. 

Learn More

Insight

Can Better Resource Management Help P&C Out of Its Slump?

The property and casualty sector has suffered steep and unambiguous losses in recent years - better resource management could be the solution the industry is looking for. Brian Nordyke and Jonathan Schwartz are featured in this Property Casualty 360 article looking at how better resource management could help property casualty insurers.

Learn More

Stay up-to-date with our latest news

Name(Required)